Towers at University Town Center

A multifamily property in Hyattsville, Maryland. Securitized in 1 CMBS deal in 2018.

$72.5MAppraised value (latest deal)
99.2%Occupancy
$4.5MUnderwritten NOI
6.2%Implied cap rate
Address
6515 Belcrest Road, Hyattsville, MD 20782
Property type
Multifamily · Student Housing
Year built
2006
Size
910 Beds
Sponsor
Harold Rosenblum
Loan purpose
Acquisition

Appearances in CMBS deals

DealCut-off / filingAppraisedOcc.UW NOICapLoan / alloc. bal.LTVDSCRSource
BMARK 2018-B12018-01-31$72.5M99.2%$4.5M6.2%$20.0M63.4%1.52x424B

More CMBS properties in Maryland →

Figures are read from Annex A-1 of the trust's SEC prospectus as of the deal's cut-off date. Parsing can misread a cell; the prospectus link is the authoritative source. Implied cap rate = underwritten NOI ÷ appraised value, shown only between 2% and 20%.